Thin films of conducting, palladium selenide phases (Pd 17 Se 15 and Pd 7 Se 4 ) are prepared using a single source molecular precursor by thermolysis. Varying the mole ratios of palladium and selenium precursors results in palladium organo-selenolate complexes which on thermolysis at different temperatures yield Pd 17 Se 15 and Pd 7 Se 4 phases that are very stable and adherent to the substrate. The organo-selenolate complexes are characterized using small angle XRD, 77 Se NMR and thermogravimetric analysis (TGA). The palladium selenide films are characterized by various techniques such as XRD, XPS, TEM and SEM. Electrical conductivities of the films are determined using four probe method. The strong adherence of the films to glass substrates coupled with high corrosion resistant behavior towards strong acid and alkaline environments render them to be very effective as electrocatalysts. The catalytic activity towards I 3 -/Iredox couple, which is an important reaction in the regeneration of the dye in dye-sensitized solar cell is studied. Between the two phases, Pd 17 Se 15 film shows superior activity as counter electrode for dye sensitized solar cells with photocurrent conversion efficiency of 7.45%.